Insurers back Brussels product quality drive

The European Commission’s communication on Packaged Retail Investment Products (Prips) poses some serious questions about the current state of the European savings market. It looks at whether a regulatory level playing field exists on how investment products are treated by regulators. This is a crucial area – retail investors across the European Union must have confidence in the standards of regulation of all savings products.

Article by the Director of life and savings at the Association of British Insurers.

Association of British Insurers: Homepage http://www.abi.org.uk/

ESO: Background information: Communication from the Commission to the European Parliament and the Council - Packaged retail investment products http://www.europeansources.info/record/communication-from-the-commission-to-the-european-parliament-and-the-council-packaged-retail-investment-products/

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